MITSUI E&P MOZAMBIQUE AREA 1 LIMITED
Get an alert when MITSUI E&P MOZAMBIQUE AREA 1 LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£4.5m
USD 6,113,736
+35.8% highest in 3 filed years
Net assets
£2.4bn
USD 3,249,417,598
+18.9% highest in 3 filed years
Employees
8
0% vs 2024
Profit before tax
-£25m
USD -34,283,482
+30.5% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
In the absence of binding funding commitments, the Directors acknowledge the existence of a material uncertainty that may cast significant doubt on the Company's and the Group's ability to continue as a going concern.
-
Going-concern uncertainty disclosed
Net assets
3-year trend · vs Energy median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | — | — | — | — | |
| Operating profit | -£10,988,903 | -£10,675,176 | -£8,495,599 | +20.4% | |
| Profit before tax | -£4,920,734 | -£36,656,427 | -£25,480,106 | +30.5% | |
| Net profit | -£2,383,205 | -£36,248,471 | -£32,412,260 | +10.6% | |
| Cash | £1,140,504 | £3,345,613 | £4,543,839 | +35.8% | |
| Total assets less current liabilities | £1,832,306,774 | £2,066,810,514 | — | — | |
| Net assets | £1,801,364,263 | £2,031,319,434 | £2,415,026,085 | +18.9% | |
| Equity | £1,801,364,263 | £2,031,319,434 | £2,415,026,085 | +18.9% | |
| Average employees | 7 | 8 | 8 | 0% | |
| Wages | £312,674 | £503,310 | £483,260 | -4% | |
| Directors' remuneration | £199,965 | £118,638 | — | — |
Figures converted to GBP from USD at 0.743 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Return on capital employed | -0.6% | -0.5% | — | |
| Gearing (liabilities / total assets) | 4.2% | 4.3% | 5.7% | |
| Current ratio | 2.46x | 3.05x | 2.12x | |
| Interest cover | -12.94x | -12.11x | -8.82x |
Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“In the absence of binding funding commitments, the Directors acknowledge the existence of a material uncertainty that may cast significant doubt on the Company's and the Group's ability to continue as a going concern.”
Group structure
- MITSUI E&P MOZAMBIQUE AREA 1 LIMITED · parent
- Mit Rovuma Offshore Holding Company Limited 100%
- MIT Rovuma Offshore SU, LDA 100%
Significant events
- “Following reporting date, the Company through the group subsidiary has contributed cash of USD 278,372,200 to the Area 1 Venture as part of its regular cash call process to participants, to fund the planned or in-progress capital developments of the project.”
- “On 29 January 2026, TotalEnergies announced the official restart of the Mozambique LNG project following the lifting of force majeure on 7 November 2025. This marked the full resumption of onshore and offshore activities.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 39 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| VISTRA COSEC LIMITED | Corporate Secretary | 2008-08-29 | — | — |
| ASANUMA, Koji | Director | 2025-04-01 | May 1974 | Japanese |
| OHNO, Tomoyuki | Director | 2022-06-01 | Sep 1970 | Japanese |
| TANJI, Daisuke | Director | 2024-12-16 | Sep 1978 | Japanese |
Show 39 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| OGAWA, Takayuki | Secretary | 2007-11-29 | 2008-08-27 |
| OFFICE ORGANIZATION & SERVICES LIMITED | Corporate Secretary | 2007-11-20 | 2007-11-29 |
| ASANUMA, Koji | Director | 2022-09-01 | 2024-12-16 |
| FUJIWARA, Hirotatsu | Director | 2011-08-01 | 2012-05-21 |
| HAMADA, Susumu, Mr. | Director | 2022-11-10 | 2024-09-23 |
| IIJIMA, Toru | Director | 2019-05-21 | 2020-04-01 |
| IMAFUKU, Hirofumi | Director | 2012-04-01 | 2016-07-19 |
| KATO, Hiroyuki, Mr. | Director | 2008-05-01 | 2010-04-01 |
| KATO, Kenta | Director | 2008-04-03 | 2009-06-19 |
| KIKKAWA, Yuji | Director | 2020-08-01 | 2022-03-15 |
| KIMIMORI, Kenichiro | Director | 2016-07-19 | 2017-07-03 |
| KOTANI, Kazuo | Director | 2007-11-29 | 2008-05-01 |
| KURAHASHI, Hiroyuki | Director | 2020-04-01 | 2021-03-01 |
| KUSAMA, Tetsuya, Mr. | Director | 2022-11-10 | 2025-07-01 |
| MAEDA, Keiichi | Director | 2019-11-12 | 2022-09-14 |
| MARUYAMA, Yasuchika | Director | 2011-08-01 | 2016-06-01 |
| MASUDA, Takashi | Director | 2015-10-01 | 2019-09-03 |
| MATSUOKA, Kei | Director | 2017-07-03 | 2022-09-01 |
| NOZAKI, Motoyasu | Director | 2013-04-01 | 2019-05-21 |
| NOZAKI, Taira | Director | 2013-03-01 | 2015-04-01 |
| OKA, Yoshiyasu, Mr. | Director | 2024-04-01 | 2025-03-31 |
| OKANO, Hideki | Director | 2010-08-09 | 2011-08-01 |
| ORII, Yota | Director | 2019-09-03 | 2022-11-10 |
| TAJIMO, Jitsuo | Director | 2007-11-29 | 2008-04-03 |
| TAKISHIMA, Masayuki | Director | 2015-06-01 | 2018-03-01 |
| TANAKA, Hideaki | Director | 2016-07-19 | 2017-06-02 |
| TOMITA, Takashi | Director | 2015-10-01 | 2019-10-18 |
| TSURUGI, Hiroyuki | Director | 2012-05-21 | 2013-04-01 |
| TSURUGI, Hiroyuki | Director | 2010-04-01 | 2011-08-01 |
| UCHIDA, Yasuhiro | Director | 2023-05-15 | 2024-03-31 |
| UCHIDA, Yasuhiro | Director | 2007-11-29 | 2009-09-01 |
| UENO, Eiichi | Director | 2017-07-03 | 2020-08-01 |
| UMEHARA, Kaoru, Director | Director | 2008-04-03 | 2009-01-05 |
| WAKISAKA, Seiichi, Mr. | Director | 2009-09-01 | 2010-08-09 |
| YAMAGUCHI, Kenichiro | Director | 2011-07-01 | 2016-06-01 |
| YAMASHITA, Naomi | Director | 2021-04-01 | 2023-03-31 |
| YANAGAWA, Eiji | Director | 2009-01-05 | 2011-07-01 |
| YOSHIKAI, Yasuhi, Mr. | Director | 2009-06-19 | 2012-03-29 |
| PEREGRINE SECRETARIAL SERVICES LIMITED | Corporate Director | 2007-11-20 | 2007-11-29 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mitsui & Co. Ltd. | Corporate entity | Shares 50–75%, Voting 50–75%, Appoints directors | 2016-04-06 | Active |
| Japan Oil, Gas And Metals National Corporation | Corporate entity | Shares 25–50%, Voting 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 445 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-13 | AA | accounts | Accounts with accounts type group | |
| 2026-06-29 | SH01 | capital | Capital allotment shares | |
| 2026-03-30 | SH01 | capital | Capital allotment shares | |
| 2026-03-19 | AD02 | address | Change sail address company with old address new address | |
| 2026-03-04 | SH01 | capital | Capital allotment shares | |
| 2026-01-29 | SH01 | capital | Capital allotment shares | |
| 2025-12-24 | SH01 | capital | Capital allotment shares | |
| 2025-11-27 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-11-26 | SH01 | capital | Capital allotment shares | |
| 2025-11-06 | SH01 | capital | Capital allotment shares | |
| 2025-10-09 | SH01 | capital | Capital allotment shares | |
| 2025-10-01 | AA | accounts | Accounts with accounts type group | |
| 2025-10-01 | SH01 | capital | Capital allotment shares | |
| 2025-09-03 | SH01 | capital | Capital allotment shares | |
| 2025-07-30 | SH01 | capital | Capital allotment shares | |
| 2025-07-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-01 | SH01 | capital | Capital allotment shares | |
| 2025-06-09 | SH01 | capital | Capital allotment shares | |
| 2025-06-05 | SH01 | capital | Capital allotment shares | |
| 2025-05-02 | SH01 | capital | Capital allotment shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 14
- Capital events
- 15
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.